Question: Help Please Hurry! The following is Unique Ltd.'s contribution margin income statement for 2019. Sales $ 3,800,000 Variable expenses 2,660,000 Contribution margin 1,140,000 Fixed expenses
Help Please Hurry!
The following is Unique Ltd.'s contribution margin income statement for 2019.
| Sales | $ 3,800,000 |
| Variable expenses | 2,660,000 |
| Contribution margin | 1,140,000 |
| Fixed expenses | 400,000 |
| Operating income | $ 740,000 |
Unique Ltd. has no beginning or ending inventories, and produced and sold 15,200 units during the year.
Question 27 (1 point)
Question 27 options:
What is the company's contribution margin ratio?
Question 28 (2 points)
Question 28 options:
What is the company's breakeven sales in units?
Question 29 (2 points)
Question 29 options:
If sales increase by 200 units, by how much should operating income increase?
Question 30 (2 points)
Question 30 options:
How many units would the company have to sell to attain target operating income of $425,000?
Question 31 (2 points)
Question 31 options:
What is the company's margin of safety in dollars?
Question 32 (1 point)
Question 32 options:
What is the company's degree of operating leverage?
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